ND MAY 8 19 SIT EC y POL
ND denounce Global-neoliberal debacle y propone State-Social
+ Capit-compet in Eco
ZERO HEDGE ECONOMICS
Neoliberal globalization is over. Financiers know it, they
documented with graphics
US Futures show the roller-coaster ride today with overnight
headlines of China's reneging starting the decline, Trump
tweets and Sanders reiteration prompted hope-filled gains, and then China's
retaliation headlines sparked selling...
See Chart:
China Retaliate
Stocks were holding hopeful gains
until the last 15 minutes which - as opposed to yesterday's panic-bid - dumped...
See Chart:
With a major sell program hitting..
See Chart:
NYSE Uptick –Downtick
LYFT was clubbed like a baby seal
after a brief spike on earnings...
See Chart:
VIX Term Structure remains inverted
for a 3rd day in a row...
See Chart:
10Y Yields spiked after the ugly
auction, reaching up to its Monday opening levels...
See Chart:
The dollar trod water for a 3rd day
as the European market buying continues...
See Chart:
And while the dollar flip-flopped
all day, yuan slid lower all day...
See Chart:
[[ Mal de
todos.. Consuelo de tontos ]]
Finally, FX, Credit, Oil, and Gold
vols appear to be shrugging off this week's sudden outburst of vol while bonds
and stocks are seeing volatility expectations explode...
See Chart:
….
SOURCE: https://www.zerohedge.com/news/2019-05-08/stocks-gain-amid-bond-pain-trade-headlines-dominated
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The good news is renewal becomes possible when the entire rotten status
quo collapses in a putrid heap of broken
promises, dysfunctional institutions, blatant lies, unpayable debts and
cascading defaults.
The good news is
renewal becomes possible when the entire rotten status quo collapses in a
putrid heap.
There are
two basic pathways to systemic collapse: external shocks or internal decay. The two are not mutually exclusive, of course;
it can be argued that the most common path is internal decay weakens the
empire/state and an external shock pushes the rotted structure off the cliff.
As Dave of
the X22 Report and I discuss in The World Is About To Change &
It's Going To Be Glorious, we are in the early
stages of terminal internal decay. There are a number of dynamics
shared by decaying empires/states:
1. The ruling elites lose the moral imperative
to sacrifice for the good of the empire/state. Instead they use the power of
the state to further their own private interests and agendas.
2. The ruling elites start "fudging" reports (i.e. lies are
presented as truths) and promoting narratives to mask their self-aggrandizement
and the erosion of the nation/empire under their self-interested rule.
In other words, the elites know the public
would resist their leadership if the truth were widely known, so the ruling
elites devote tremendous resources to massaging the news to distract the public
from reality and reflect positively on their self-serving leadership.
Since the weaknesses of the empire are being hidden, they cannot be
addressed, and so rot that could have been fixed early becomes widespread and
fatal.
3. Flush with the state's wealth and power, the
ruling elite splinters into warring camps which squander the empire's remaining
wealth on private battles over which camp will rule what appears solid and
eternal--the empire.
4. As the elites battle it out, the nation/empire falls apart as the
leadership's focus is on internecine conflicts over the spoils of the empire,
rather than on preserving the foundations of the empire's wealth and security.
5. As the truth inevitably leaks out, the
public grasps the enormity of the elites' betrayal of the nation and the public
interest. Faith in the elites and the institutions they control plummets, and
the Great Unraveling becomes unstoppable.
6. In a last-ditch effort to save their wealth and power, the elites
distract the public with Bread and Circuses-- "free money" in various
guises (Universal Basic Income, Modern Monetary Theory, etc.)--and the
distracting Circus of political theater and a surfeit of entertainment.
Whether
the elites or the public are aware of it or not, America is well down the path
to terminal internal decay: Distraction,
Lies, Infighting, Betrayal.
See Chart:
Income Inequality and Political
polarization 1947-2009
The good
news is renewal becomes possible when the entire rotten status quo collapses in
a putrid heap of broken promises,
dysfunctional institutions, blatant lies, unpayable debts and cascading
defaults.
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“Don’t piss down my back and tell me it’s
raining”
On April 30, 2019, one day before the Federal Reserve’s FOMC
policy-setting meeting, the Wall Street Journal published an article by Nick
Timiraos and Paul Kiernan entitled Inflation
Is Likely to Fuel Discussions as Fed Officials Meet. We quickly
recognized this article was not the thoughts of the curious authors but more
than likely indirect Fed messaging.
Is declining inflation a legitimate concern or a false flag meant to
provide cover to lower rates?
Selling Deflation
The WSJ article published the day
before the FOMC policy meeting has the Fed’s fingerprints all over it. The gist
of the article is that inflation is running below the two percent goal and
therefore needs to be addressed.
The following quotes come from that article:
- Lower inflation remains the fly in the ointment.
- Officials worry that the failure to hit the inflation target could undermine its credibility over time, which could cause consumers and businesses to expect lower inflation in the future, which in turn could cause price pressures to weaken further.
- If officials grew concerned that the (inflation) shortfall was persistent, some could push for lowering rates.
The Smoking Gun
Given the
statement above, is Inflation or inflation expectations materially
changing?
Inflation
Expectations
See Chart:
Univ of
Michigan Inflation Expectatios
Standard
Inflation Measurements
See Chart:
CPI
FED’S OWN
INFLATION MEASURES
The following two graphs are inflation indicators that the
Fed created. They are designed to reduce temporary blips in the prices of all
goods and services within the CPI and GDP reports. The
Federal Reserve believes these measures present a more durable reading that is
not as subject to transitory forces as other inflation measures.
See Chart:
Summary
Have inflation “expectations drift(ed) materially up or down?”
Looking at the ebbs and flows of inflation and inflation
expectations of the last three years, we see no consistent change in the trend.
As for the dreaded fear of deflation, the United States has not experienced it
since the Great Drepression in the 1930’s. In our opinion, this recent talk about lower
inflation is a sad case of the Fed manufacturing a story to justify easier
monetary policy.
We conclude with a message for the Federal Reserve- If you want to lower rates then lower rates, but please do
not feign concern about inflation trends that are non-existent as cover for
such moves. You preach transparency, so be transparent.
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US
DOMESTIC POLITICS
Seudo democ duopolico in US is
obsolete; it’s full of frauds & corruption. Urge cambio
The vote
followed party lines...
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Whatever affected capitalism the most got added to its name. In its
current mode, we might accurately
call our system “regulated capitalism,” and it is becoming more
so...
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US-WORLD ISSUES (Geo Econ, Geo Pol & global Wars)
Global depression is on…China, RU, Iran search for State
socialis+K-, D rest in limbo
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There is
just one word to describe today's just concluded sale of $27 billion in 10Y
notes: disastrous.
Overall, a very ugly auction, and if China wanted to send a
message to the US, it clearly succeeded judging by the
violent repricing in the 10Y whose immediately yield promptly blew out by over
2 bps.
See Chart:
….
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SPUTNIK and RT SHOWS
GEO-POL n GEO-ECO
..Focus on neoliberal expansion via wars & danger of WW3
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NOTICIAS IN SPANISH
Lat Am search f alternatives to neo-fascist regimes &
terrorist imperial chaos
ALAI ORG
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RT EN
ESPAÑOL
- Detienen al diputado opositor Edgar Zambrano por participar en la intentona golpista en Venezuela
- Trump afirma que China "rompió el trato" en el marco de las negociaciones comerciales
- Trump anuncia su intención de designar a Brasil como mayor aliado no OTAN de EE.UU.
- Cancillería de Irán: "Hemos puesto en agenda la retirada paso a paso del acuerdo nuclear"
- Enviado de Guaidó en EE.UU. deja sin luz sede diplomática venezolana en Washington
- Los B-52 parten de EE.UU. con destino a Oriente Medio para contrarrestar la supuesta "amenaza creíble" de Irán
- Trump sanciona la industria metalúrgica iraní y advierte a otros países que no tolerará metales de Irán en sus puertos
- Rusia intercepta los 12 cohetes lanzados a su base en Siria y elimina a los atacantes
- La Fiscalía peruana pide 20 años de prisión para el expresidente Ollanta Humala por lavado de activos
- Confirman procesamiento contra Cristina Fernández de Kirchner por una nueva causa
- El Zoom Trump contra todos
- Keiser Report internar un niño en un reformat en EE.UU. cuesta más de medio millón de dólares?
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GLOBAL RESEARCH
Geopolitics & Econ-Pol crisis that leads to more
business-wars from US-NATO allies
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DEMOCRACY NOW
Amy Goodman’ team
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PRESS TV
Resume of Global News described by Iranian observers..
- Trump wants ‘constitutional crisis’ over Mueller report
- N Korea says recent rocket drill ‘regular, self-defensive’
- 'Withdrawal from nuclear deal on Iran's agenda'
- US imposes sanctions on Iran metal, mining sectors
- Iran lived up to JCPOA bargain, US didn't: EU
- ‘Turkish servicemen to receive S-400 training in late May’
- Russia expels two Swedish diplomats in retaliation
- Let’s do it Brexit-style, China envoy tells US
- Israeli daily publishes details of Trump’s Mideast deal
- PROGRAMS
- Ukraine: Can a comedian turn the economy around?
- Grotesque killing spree
- Iran Countermeasures
- Irans announces "diminishing" commitments for the JCPOA
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